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Dec 31, 2024
Kanzhun Q4 2024 Earnings Report
Kanzhun reported strong revenue growth and profitability in Q4 2024.
Key Takeaways
Kanzhun delivered a robust Q4 2024 performance, with revenue rising 15.4% year-over-year to $249.8 million. Net income increased by 34.1% to $60.9 million, while adjusted net income grew to $99.0 million. EPS stood at $0.14, with adjusted EPS at $0.23. The company benefited from growth in enterprise customers and improved monetization strategies.
Revenue grew 15.4% year-over-year to $249.8 million.
Net income increased by 34.1% to $60.9 million.
Operating income rose 71.2% to $52.1 million.
Adjusted net income reached $99.0 million, up 14.9% from Q4 2023.
Revenue by Segment
Forward Guidance
Kanzhun expects continued revenue growth in Q1 2025, driven by enterprise customer expansion and AI-powered recruitment tools.
Positive Outlook
- Revenue forecasted to grow by 11.5% to 12.7% in Q1 2025.
- Increased investment in AI-powered recruitment solutions.
- Expansion of paid enterprise customer base.
- Higher monetization potential from value-added services.
- Strong cash reserves support continued platform development.
Challenges Ahead
- Macroeconomic uncertainty may impact hiring demand.
- Increasing competition in the online recruitment market.
- Higher R&D investments may pressure margins.
- Potential regulatory risks in China’s labor market policies.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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